Michael's Blog

According to the California Association of Realtors, home sales remained stagnant in December. Existing single-family sales totaled 224,000 in December on a seasonally adjusted annualized rate, flat from November and down 7.1 percent from December 2022. December's statewide median home price was $819,740 down 0.3 percent from...

Currently there are 21 homes for sale in Hidden Hills Active Listings 1) 23760 Oakfield Rd $3.6M 6 bd 4 b 3726 sqft 1.32 acres 2) 5481 Round Meadow Rd $4.9M 3 bd 3 ba 2304 sqft 1 acre 3) 5555 Jed Smith Rd $4.9M 4 bd 3 ba...

MEET THE MEMBER This month’s Meet The Member podcast features E1 member Michael Bloom who works at The Agency, an outstanding real estate company, and his first love. Michael specializes in selling multi-million-dollar homes in Calabasas and Hidden Hills, and historically, his clients have included movie stars...

Low inventory and high mortgage rates caused a slow down in California home sales in April. Existing single family home sales totaled 267,880 in April down 4.7 percent from March and down 36.1 percent from April 2022. April's statewide median home price was $815,340 (first time in...

The Wall Street Journal reports that the Federal Reserve has indicated they will raise their benchmark federal funds rate by.75 percentage point this week. This would mark their fourth consecutive increase this year as they seek to reduce inflation by slowing the economy. The real question is...

According to the National Association of Realtors, existing-home sales fell 7.2% in February and down 2.4% from one year ago. The inventory of unsold homes was 870,000 at the end of February. The median sales price went up $357,300 up 15% from one year ago. This marks 120...

Home prices in California doubled the national average in 2021. The most significant increases were in the suburbs and smaller metro areas. Sacramento and Riverside were two of California’s most in demand cities with a 22.3% price increase over 2020. In both cities there are bigger...

Beginning today, December 15th. by order of the California Department of Public Health, masks are required to be worn indoors, regardless of vaccination status. The key requirements are: masks are required at open houses and showings regardless of vaccination status. The statewide order starts today December...

The Federal Housing Finance Agency (FHFA) announced yesterday that they will increase the 2022 conforming loan limits for Fannie Mae and Freddie Mac mortgages. They are raising the limits from $548, 250 on one-unit properties to $647,200. This cap loan amount in 2022 will be...

The Hidden Hills Real Estate Market is hot! The following 12 homes are currently for sale: 5510 Hoback Glen Road 4.25M 5 bd 5 ba 4365 soft built in 1976 on 1.2 acres 23661 Long Valley Road $4.295M 3 bd 4 ba 3003 soft built in...